Business Efficiency Archives - Page 6 of 11

Will auditors embrace AI or fall behind?

Introduction The rapid rise of artificial intelligence (AI) is reshaping industries worldwide, and auditing is no exception. With its potential to streamline processes, enhance accuracy, and identify risks proactively, AI presents an undeniable opportunity. However, not all auditors are

End-to-End Sales & Use Tax Solution

Introduction Sales and use tax compliance can be a challenge for businesses, especially those operating across multiple jurisdictions. Navigating through varying tax rates, filing deadlines, and different state or local regulations can be overwhelming. An end-to-end sales and use

Hindenburg Research shorts Carvana, alleging ‘accounting grift for the ages’

Introduction Carvana, an online used car retailer, faces serious allegations from Hindenburg Research, which has shorted the company’s stock. Hindenburg claims Carvana is engaged in “accounting grift for the ages,” accusing the company of significant discrepancies in financial reporting

How the accounting industry can fend off a talent crisis

Introduction The accounting industry is currently grappling with a talent shortage that threatens its long-term sustainability. Several factors contribute to this issue, including the retirement of seasoned professionals, a decrease in the number of graduates pursuing accounting degrees, and

SEC approves PCAOB rule amendment on deregistering audit firms

Introduction The Securities and Exchange Commission (SEC) has approved a key amendment proposed by the Public Company Accounting Oversight Board (PCAOB). This amendment enhances the rules for deregistering audit firms that fail to comply with regulatory standards. The move

QuickBooks now has call summaries, live cleanup

Introduction QuickBooks has always been a trusted tool for businesses looking to streamline their accounting and financial management. With its latest updates, QuickBooks is taking things a step further by introducing two powerful features: call summaries and live cleanup.

Vertex O Series Cloud

Introduction The Vertex O Series Cloud is quickly becoming a top choice for businesses seeking reliable cloud infrastructure. With its powerful features and advanced technology, it offers flexibility, scalability, and high performance. In this article, we will explore the

In the blogs: Meltdown mode

Introduction In the digital age, blogs serve as a crucial platform for sharing news, opinions, and personal insights. However, bloggers sometimes experience a “meltdown”—a moment when stress or crisis impacts their productivity, creativity, or communication. This “meltdown mode” not

E-Invoicing and Global Tax Compliance: What It Means for U.S. Businesses

Introduction As global trade continues to evolve, businesses across the world are increasingly adopting electronic invoicing (e-invoicing) to streamline operations and improve compliance. For U.S. businesses, this shift not only offers the potential for enhanced efficiency but also brings

Avoid Double Taxation on Social Media with Vertex for Shopify

Introduction In today’s globalized eCommerce market, businesses selling across multiple regions face the challenge of managing tax obligations effectively. For merchants using platforms like Shopify, one of the most pressing concerns is avoiding double taxation, especially when selling internationally.

Category: Business Efficiency